Warwick residents learn city’s options amid budget crisis

West Bay

WARWICK, R.I. (WPRI) — Residents in Warwick were able to learn more about the city’s options for deaing with its budget issues at a meeting Thursday night.

The gathering was organized by the Warwick Financial Crisis Committee and was an opportunity for residents to ask questions and learn more about the city’s options to resolve its budget issues.

Attorney and former judge Bob Flanders, who served as a receiver for Central Falls back in 2012 when the city went bankrupt, spoke with residents about how the city can move forward, including the option of receivership.

“The job of the receiver and the bankruptcy court is to come up with a balanced budget that the city can afford,” Flanders explained. “If that means slashing pensions by as much as 50%, which was done in Central Falls, if it means restructuring all the agreements with active employees to eliminate these ‘Cadillac’ healthcare plans and put in place plants that are more commensurate with what happens in the private sector, then that will be upheld.”

“The bankruptcy judge has no authority to in any way interfere with how the state, through its appointed receiver, is running the city and making these decisions,” he added.

The Warwick Financial Crisis Committee urged residents to show up to the July 15 City Council meeting to express their concerns to city officials.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


Download Mobile Apps from WPRI 12
DOWNLOAD APPS NOW: Apple App Store | Google Play Store

Dan Yorke State of Mind: Dan's Daily Update

DYSOM 9/17/2020: Lt. Governor Dan McKee

More Dan Yorke State of Mind

Don't Miss

Viewer Pa on WPRI.com


More Live Cams

Community Events & Happenings

More Community

The Border Report Tour

More Border Report Tour